Funny, Everyone thinks oil is going higher Everyone thinks there is a shortage of oil and it's becoming scarce Remind you of anything? Whats the last time everyone was right?
Maybe the better trade is to buy major construction companies, asphalt suppliers etc as Bush & Co hand out multi-billion dollar reconstruction contracts to their friends.
I wonder if all of the refined gasoline for the Hawaiian market is being shipped to the lower 48 now. So much for price supports.